The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1887-04-23
CHARTER.
!Ysc,r OF INCORPORATION

THE HOUSTON, CENTRAL ARK ANSAS
AND NORTHERN RAILROAD COM
STATE OF LOUISIANA, PARISH Or
OuACHITA.
DE IT KNOWS AND REMEMBERED
ID that we the undersigned parties, Will !
liam A. Bright, james Converse, Charles |
NJ. Kigft, T.. K. Morgan, j. w. Johnson,
A. w. Files, all Of whom are Subscribers 10 !
the original subscription list OF stock and |
in the Houston, Central Ar
kansas IL Northern Railroad Company, |
ourselves Of The privileges con- |
ferred by the Constitution and Statutes OF
the State of Louisiana relative to the organ |
ization of Interpretations for Public Improve
ment have formed ourselves into a cor
poration, and do hereby and by these
Presents form organize and constitute
ourselves and all such other persons
as may hereafter become associated with us
into II Body Corporate or Corporation and
to that end and for that purpose do cove
lowing stipulations, obligations and regt-
latiOns rs Articles of Corporation, which
are to be the charter of said corporation,
to-wit:
ARTICLEI.
The name and title of this corporation
shall be The Houston, Central Arkansas ~
Northern railroad Company, and that by
said name said corporation shall have sue
cession and corporate existence for and
during the full term of ninety-nine years
from tho date Of this act, unless sooner dis
solved. 1t may sue and be sued; may hold
real and personal estate: may make con-
tracts; may receive grants or land. and
personal property, and generally shall pos
sess oil tho power and privileges which
such corporations are or may be authorized
to possess under the Constitution or by amy
general law ofthis State.
ARTICLE II.
Tho place chosen for tho slomiciin of said
inn ic IN no ', Of
Ouachita, State OF Louisiana.
ARTICLE HI.
The purposes for which said corporation
has been and is established are
Section l. TO locate, construct, own and
manage II railroad, with ono or more tracts
and suitable turnonts and switches upon
such gauge and construction, and upon such
course or route as tho chiefengincor of the
company with the approval Of the directors
may deem most advisable and eXpeGient be-
ginning at point mt Or near Monroe, in the
parish Of Ouachita. Louisiana, and running
thence through the parishes OF Ouachta
and Morehonso said State on such route as
may be selected to such point on the Line
between the States OF Louisiana and Ar
kansas as may be selected by the said chief
engineer and there to connect with rail
road constructed or to be constructed, from
said point on said State Line in the State
of Arkansas, through tho counties of Ash
ley, Drew, Lincoln and Jefferson to a point
at or near Pine Bluff, Arkansas, and hay
ing the same name rs this corporation
This being continuation OF said route
from said Arkansas and Louisiana Line to
the city OF Monroe, Louisiana.
Sec. 2. To locate, construct, lease, own,
operate, maintain and use such branch rail-
roads and tracts as a majority of the direc-
tors of said corporation may deem proper,
eXpedient and for tho interest of said conf
pany idscompany shall not be restricted
in the exercise ofthis privilege to The State
of Louisiana but may connect its main limo
with any other line or lines in such other
States as shali authorize the exercise of said
privilege within their limits; and the said
company shall have right to establish
and maintain proper elevators. and freight
ard passenger dcpotS at such points and
places as may loc deemed most eXpcdient
and proper; and said company shall have
the right to acquire by appropriation such
property as it may require Tor tracks, road
bed. dcpots, elevators or other necessary
purposes.
Sec. 3. TO purchase, hold, operate, main
tain anil use any connecting railroad or
railroads, or to consolidate with the same
and mako ono company nnder the name Of
tho companies so consolidated or any other
name.
Sec 4. TO construct, establish or pur-
chase in tho State OF Louisiana and there
after to own, maintain and uso such
wharves, bridges, piers, harbors, steam
stations and other works as said com pany
may decm necessary, or as will aid said
company in tho prosecution of tho purposes
for which it was ami * formed, and to
manage and Operate the same in such man
ner as may DO doomed necessary and most
likely to promote the welfare Of said cont
pany.
See. 3. no take. transport, carry and
convey persons aud property upon its said
railroad and to receive for safe Keeping and
to store merchandise and property III its
yards, elevators and warehouses; and to
receive for such transportation, safe Keep
ing or storage such tolls and charges As
may from time to timo be established by
tho directors Of said railroad company; to
make advances of money or credits for
charges made Ivy other transportation lines
upon merchandise or property TO DO trans
ported upon it's own roads or to be stored
in its yards, warehouses or elevators TO sucll
extent; and on such terms aud conditions Ms
tho directors of said company may from
time to time establish.
Soc. u. TO obtain ani receive by grant,
gift, devise and hnuucath both real and pCr-
sonal property and to havc ana 10 hold the
same for the purposes and Objects of said
company.
Sec. :. 10 construct said railroad and
way for the same :tcroSS, along or upon amy
OF Tho water courses. streets, highways or
other public places OF said State.
Sec. s. TO appropriate property accord
| ing To existing and failure Jaws.
| Sec. y. To borrow money, 10 purchase
and lease property on iia own credits for
| tho pu rpnse Of couSt ructinG and maintain
| ing said railroad or establishing continuous
| and connecting limos as heretofore provided;
and as evidence of the Indebtedness of said
company for Sucl loans, or tho purchase or
lease OF such PROV crtN To issue its corporate
bonds orpromi SSofy notes, bearing ntcrcSt
! al such rate per annrm AS the directors may
| elect, and ma ~ payable ut such times and
places as may be deemed most 10 the ad-
| vantage OF said corporation; and for SCcir-
! ing the payment of said bonds or notes, to
| mort gage or pledge its capital stock, its
| corporate franchises, and amy or all or its